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China's yuan falls to 2-week low after Trump proposes extra tariffs on Chinese exports
SHANGHAI, Feb 28 (Reuters) - China's yuan fell to a two-week low against the dollar on Friday, dragged lower by signs of escalation in trade tensions between the world's two largest economies after U.S. President Donald Trump proposed extra tariffs on Chinese goods.Trump told reporters in th...Reuters
Fri, Feb 28
FOREX-Risk currencies, crypto hammered by Trump's impending tariffs
Trump's looming tariffs dominate market moodBitcoin falls below $80,000 for first time this yearDollar supported but on track for monthly lossYen set for best month since July on BOJ rate hike betsUpdates to Asia mid-morningBy Rae Wee SINGAPORE, Feb 28 (Reuters) - Investors unnerved by th...Reuters
Fri, Feb 28
BUZZ-COMMENT-USD/JPY toppish on 150, trajectory remains down
Feb 28 (Reuters) - USD/JPY has been in a downtrend since the January 25 high of 158.88. The trajectory appears to remain down and moves through 148.00 and towards the September 16, 2024 spike low of 139.58 would not surprise.USD/JPY has recently remained within a 148.56-150.30 range, the high and lo...Reuters
Fri, Feb 28
CORRECTED-Bitcoin slides more than 5% to lowest level since November 11
Corrects milestoneBy Rae WeeSINGAPORE, Feb 28 (Reuters) - Bitcoin BTC= dropped to its lowest level in 3-1/2 months on Friday, dragged by uncertainty about U.S. President Donald Trump's tariff plans and crypto policy and flagging investor confidence after a $1.5 billion hack in rival crypto curre...Reuters
Fri, Feb 28
Japanese Yen strengthens as hawkish BoJ expectations offset softer Tokyo CPI print
The Japanese Yen (JPY) attracted fresh buyers during the Asian session on Friday following Bank of Japan (BoJ) Deputy Governor Shinichi Uchida's hawkish remarks, saying that the underlying inflation rate is gradually rising toward the 2% target.
Fxstreet
Fri, Feb 28
South Korea, US finance chiefs discuss tariffs, investment, FX, says Seoul
SEOUL, Feb 28 (Reuters) - South Korea's acting President and Finance Minister Choi Sang-mok and U.S. Treasury Secretary Scott Bessent discussed tariffs, investment and forex policy in a video call, South Korea's finance ministry said on Friday.Reuters
Fri, Feb 28
South Korea, US finance chiefs discuss tariffs, investment, FX, says Seoul
SEOUL, Feb 28 (Reuters) - South Korea's acting President and Finance Minister Choi Sang-mok and U.S. Treasury Secretary Scott Bessent discussed tariffs, investment and forex policy in a video call, South Korea's finance ministry said on Friday.Reuters
Fri, Feb 28
FOREX-Dollar firms as Trump's tariffs loom, yen set for monthly gain
Trump's tariff threats sap risk appetiteDollar supported but on track for monthly lossYen set for best month since July on BOJ rate hike betsBy Rae Wee SINGAPORE, Feb 28 (Reuters) - The dollar drew safe-haven support on Friday ahead of U.S. President Donald Trump's impending tariffs, thou...Reuters
Fri, Feb 28
Australia, NZ dollars mugged as proxies for tariff, China risks
By Wayne Cole SYDNEY, Feb 28 (Reuters) - The Australian and New Zealand dollars were in retreat on Friday as the spectre of imminent U.S. tariffs and a potential global trade war hammered export-exposed currencies, wiping out a month of gains in just a handful of sessions.Not only did President D...Reuters
Fri, Feb 28
BUZZ-Foreign investors pare back Japan stock holdings
Flow data from Japan's MOF shows foreign investors paring back on stocksForeigners sold a net Y1.038 tln Japanese stocks week-ended February 22On top of Y351.9 bln in net sales the previous weekNet Y438 bln JGBs bought however, offsets net Y478.4 bln bill salesThe case previous week too, Y789 ml...Reuters
Fri, Feb 28
BUZZ-USD/JPY to top of recent range but still heavy 150.00+
USD/JPY rebounds yesterday but upside capped at 150.16, still heavy 150.00+Asia so far 149.54-150.15 EBS, still below descending daily tenkan at 150.43Also holding below 150.20 200-HMA but above 149.29-43 hourly Ichimoku cloudSeems some USD short-covering taking place ahead of month-endJapanese impo...Reuters
Fri, Feb 28
